A new procurement policy for the company
In 2008, the company adopted a new procurement policy aiming at standardizing practices and providing a clear framework for all of procurement decisions.
This policy aims to improve the financial longevity of Cirque du Soleil by optimizing the choice of goods and services it procures, controlling business risks Cirque may encounter in the procurement process, and guaranteeing that our procurement choices meet our social responsibility criteria by subscribing to sustainable development processes.
The policy includes a section on the ethics and code of conduct for procurement that clarifies roles and responsibilities, defines desirable behaviour, and establishes good business practices when it comes to procurement.
Another section sets out social responsibility principles for suppliers. As Cirque du Soleil has dealings with a growing number of suppliers, the procurement policy defines the basic environmental and workers’ rights principles they are expected to follow.
The company’s approach when applying this policy is based on dialogue and cooperation. The policy should be implemented in a spirit of commitment to continuous improvement from both Cirque du Soleil and its suppliers. A supplier evaluation questionnaire was devised and a pilot assessment was carried out among ten suppliers in the fall of 2008
« Previous projectNext project »